0001558370-19-010923 Sample Contracts

AGREEMENT OF PURCHASE AND SALE
Agreement of Purchase and Sale • November 13th, 2019 • Lodging Fund REIT III, Inc. • Real estate investment trusts

THIS AGREEMENT OF PURCHASE AND SALE (this “Agreement”) is made as of the Effective Date, by and between TREEMONT CAPITAL PARTNERS IV, LP, a Texas limited partnership (“Seller”), and Lodging Fund REIT III OP, LP a Delaware limited partnership with an address of 1635 43rd Street South, Suite 205, Fargo, North Dakota 58103 (“Purchaser”).

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REINSTATEMENT AND SECOND AMENDMENT TO AGREEMENT OF PURCHASE AND SALE
Agreement of Purchase and Sale • November 13th, 2019 • Lodging Fund REIT III, Inc. • Real estate investment trusts

THIS REINSTATEMENT AND SECOND AMENDMENT TO AGREEMENT OF PURCHASE AND SALE ("Reinstatement") is made effective as of October 1, 2019 (the "Reinstatement Date") by and between TREEMONT CAPITAL PARTNERS IV, LP, a Texas limited partnership ("Seller"), and Lodging Fund REIT III OP, LP a Delaware limited partnership with an address of 1635 43rd Street South, Suite 205, Fargo, North Dakota 58103 ("Purchaser").

AMENDMENT TO AGREEMENT OF PURCHASE AND SALE
Agreement of Purchase and Sale • November 13th, 2019 • Lodging Fund REIT III, Inc. • Real estate investment trusts

THIS AMENDMENT TO AGREEMENT OF PURCHASE AND SALE (this “Amendment”) is made effective as of September 11, 2019, by and between TREEMONT CAPITAL PARTNERS III, LP, a Texas limited partnership (“Seller”), and LODGING FUND REIT III OP, LP, a Delaware limited partnership (“Purchaser”).

REINSTATEMENT AND SECOND AMENDMENT TO AGREEMENT OF PURCHASE AND SALE
Agreement of Purchase and Sale • November 13th, 2019 • Lodging Fund REIT III, Inc. • Real estate investment trusts

THIS REINSTATEMENT AND SECOND AMENDMENT TO AGREEMENT OF PURCHASE AND SALE ("Reinstatement") is made effective as of October 1, 2019 (the "Reinstatement Date") by and between TREEMONT CAPITAL PARTNERS III, LP, a Texas limited partnership ("Seller"), and Lodging Fund REIT III OP, LP a Delaware limited partnership with an address of 1635 43rd Street South, Suite 205, Fargo, North Dakota 58103 ("Purchaser").

ACCOUNT CLOSURE AGREEMENT
Account Closure Agreement • November 13th, 2019 • Lodging Fund REIT III, Inc. • Real estate investment trusts • Colorado

This account closure Agreement (this “Agreement”) is dated to be effective as of September 18, 2019 (the “Effective Date”), by and among LODGING FUND REIT III OP, LP, a Delaware limited partnership, LF3 CEDAR RAPIDS, LLC, a Delaware limited liability company, and LF3 CEDAR RAPIDS TRS, LLC, a Delaware limited liability company (individually and collectively, “Borrower”), LODGING FUND REIT III, INC., a Maryland corporation, and LODGING FUND REIT III TRS, INC., a Delaware corporation (individually and collectively, “Guarantor”), and TCF National Bank, a national banking association (“Lender”), whose address is 8085 South Chester Street, Suite 201, Centennial, CO 80112.

AMENDMENT TO Agreement of purchase and sale
Agreement of Purchase and Sale • November 13th, 2019 • Lodging Fund REIT III, Inc. • Real estate investment trusts

THIS AMENDMENT TO AGREEMENT OF PURCHASE AND SALE (this “Amendment”) is made effective as of September 11, 2019, by and between TREEMONT CAPITAL PARTNERS IV, LP, a Texas limited partnership (“Seller”), and LODGING FUND REIT III OP, LP, a Delaware limited partnership (“Purchaser”).

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